Navigating One Of The Greatest Risks Of Retirement Income Planning
Retirees face market risk, which concerns how market volatility causes average investment returns to vary over time. Sequence of returns risk—the heightened vulnerability individuals face regarding the realized investment portfolio returns in the years around their retirement date—adds to the uncertainty related to overall investment returns.
Pfau, Wade D. PhD, "Navigating One Of The Greatest Risks Of Retirement Income Planning" (2016). Faculty Publications. 516.